SYDNEY (Reuters) -Australian business activity stayed subdued in April as rising costs squeezed profit margins, a survey showed on Tuesday, while firms shied away from fresh investment amid uncertainty over U.S. trade policy.
National Australia Bank's survey showed its index of business conditions edged down 1 point to +2 in April, well below the long-run average. Its confidence index inched up a point to a still weak -1.
The survey was taken... (continue reading...)
DHAKA (Reuters) - Bangladesh's Election Commission has suspended the registration of ousted former prime minister Sheikh Hasina's Awami League, effectively barring the party from contesting the next national elections.
The move comes after the interim government of Nobel laureate Muhammad Yunus, banned all activities of the Awami League under the Anti-Terrorism Act after days of protests.
The government cited national security threats and... (continue reading...)
By Kirsty Needham
SYDNEY (Reuters) - Australian Prime Minister Anthony Albanese was sworn in for a second term on Tuesday, alongside his ministers, after a landslide win at a national election he said had returned the largest centre-left Labor government since federation in 1901.
Albanese's Labor Party rode a voter backlash against global instability caused by U.S. President Donald Trump's policies to a come-from-behind victory on May 3.
... (continue reading...)(Reuters) - U.S. Secretary of State Marco Rubio discussed the "way forward for a ceasefire" in Ukraine with European counterparts, including the foreign ministers of Britain and France, and the EU's foreign policy chief, the State Department said on Monday.
Ukraine's foreign minister Andrii Sybiha and his German and Polish counterparts were also on the call, according to the readout.
(Reporting by Costas Pitas)
By Blake Brittain
(Reuters) - The Trump administration told the U.S. Supreme Court on Monday that "dangerous behavior" from a group of Venezuelan migrants detained by the federal government in Texas justified lifting a court order blocking their immediate deportation.
The administration said in a court filing that 23 migrants at a Texas detention facility had "recently barricaded themselves in a housing unit for several hours and... (continue reading...)
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